(RTTNews) - Consumer confidence in Slovenia declined in April, after rising for the previous two months, the Statistical Office of the Slovak Republic said Tuesday. This was mainly due to increased pessimism among consumers regarding the financial situation in the household in the next 12 months.

The consumer confidence indicator decreased 4 percentage points in April from March, to reach the second lowest reading since the beginning of the survey in March 1996. Year-on-year, the indicator fell 29 percentage points and was also lower by 20 percentage points from last year’s average.

Meanwhile, consumer’s sentiment regarding purchase or construction of dwelling in the next 12 months increased by 9 percentage points in April from March, and reached the level of October 2008. Moreover, the indicator was one percentage point more than last year’s average.

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Posted in Categories: Economy, Releases.

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